3D Printed Drugs Market, Estimated to Reach $278 Million in 2020

Portland, OR — 12/07/2017 — Spritam is the only 3D printed drug which has received FDA approval. This drug was first available in the market in 2016, and can be used to treat epilepsy. The potential market for other 3D printed drugs (moderate growth scenario) is estimated to be $278 million in 2020, and would reach $522 million by 2030, growing at a CAGR of 6.5% from 2020 to 2030. 3D printed drugs are developed by 3D printing technology to treat patients and children affected with dysphagia. These drugs are highly porous in nature and disintegrate rapidly, which eliminate the need to directly swallow the intact high-dose medicine.

The growth of the 3D printed drugs market is driven by upsurge in demand of instantaneous soluble drugs, rise in geriatric population, and high adoption of 3D printing technology. In addition, rapid technological advancements, increase in awareness about the 3D printing, and improvement in healthcare infrastructure fuel the market growth. However, factors such as adverse effects related to these drugs, lack of government regulations for these drugs, and use of 3D printing to develop illegal drugs are expected to restrain the market growth. Conversely, introduction of 3D printed drugs by various key vendors in developing nations and increase in healthcare investment in emerging nations are expected to provide lucrative opportunities for the market growth in the near future.

The market is segmented on the basis of Spritam, scenario, and geography. For Spritam, market is categorized on the basis of geography into U.S. and rest of North America. On the basis of scenario, the market is categorized into low growth scenario, moderate growth scenario, and rapid growth scenario. Geographically, it is analyzed across North America (U.S. and rest of North America), Europe (UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, and rest of LAMEA).

KEY BENEFITS FOR STAKEHOLDERS

– The study provides an in-depth analysis of the global 3D printed drugs market with current trends and future estimations to elucidate the investment pockets.– Comprehensive analysis of factors that drive and restrict the growth of the market is provided.– The report offers a quantitative analysis to assist the stakeholders to capitalize on prevailing market opportunities.– Extensive analysis of different segments facilitates to determine various products available in the market.– Key players are profiled and their strategies are analyzed thoroughly to predict the competitive market outlook.

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Maria Burns

Maria is a Viral News Editor who graduated from the University Of California. She likes social media trends, being semi-healthy, Buffalo Wild Wings and vodka with lime. When she isn’t writing, Maria loves to travel. She last went to Thailand to play with elephants and is planning a trip to Bali.